Monetary policy is basically a jokeInstead of raising and lowering interest rates like a mad man........tiff and jerome and every other central banker should just peg rates at 4% and leave them there indefinately..........this would allow everyone ....homeowners and business to actually plan for their future...........this whole idea of manipulating economies through interest rates does not allow the natural business cycle to do its thing.........mcentral bankers the world over should be ashamed of themselves